Question

A tourist arrived in Kenya with sterling pound (£) 4680 all of which he exchanged into Kenyan money. He spent Ksh.51790 while in Kenya and converted the rest of the money into US dollars. Calculate the amount he received in US dollars. The. Exchange rates were as follows. 

	Buying	Selling
US dollars $	65.20	69.10
Sterling pounds £	123.40	131.80

Answer 1

4680 x 123140
= Ksh 577512
Remaining
557512-51790
Kshs 525,722
= 525,722
      69.10
= US£ 608.13